Apple Inc. (AAPL) Stock May Suffer Until 2019

Apple Inc. (Nasdaq: AAPL) stock is down 8.7 percent in the past month after the iPhone X "supercycle" turned out not to be as super as investors had hoped. While there may still be long-term value in Apple stock, Goldman Sachs analyst Rod Hall says investors shouldn't be in a hurry to buy. Hall says the weakness in iPhone unit sales that weighed on Apple stock following its fiscal first-quarter earnings report will remain an albatross for Apple stock for at least two more quarters.

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